King Richard’s Family Fun Park, a landmark amusement park at 6780 Airport-Pulling Road, was sold by its owners planning to covert the place into a car dealership establishment. For the price of $5 million, the 21 year-old 1970s-style fun park, will now give way to Tamiami Hyundai dealership and expected to open next year.
From rich to low-income,waterfront properties are bringing up sales prices in South Florida as inventory declines. Having distressed propertiesin particular, the rise in Miami-area sales prices accords with a severe decline in inventory, which dropped 24.7% since the same period a year ago. South Florida’s 37.8% share of the U.S. distressed property market is at […]
Prices of Palm Beach single-family homes soared over the past year, headed by a blast of luxury sellers looking to unload properties ahead of changes to the federal tax code. Prices averaged $5.03 million in the 6 months ending in March, a 78% gain over the $2.83 million average in the same period a year […]
Lil’ Wayne may lose the La Gorce Island home that hepurchased for $14 million in 2010. This is due to his production company, Young Money’s, bankruptcy owing $3.4 million in fines and legal fees. He may lose his South Florida assets, including the waterfront home and several expensive cars.
In Boca Raton’sOne Thousand Ocean, a unit at has sold to a secret buyer for $5.8 million. For a home re-sold,it netted the most expensive resale value at the LXR Luxury Resorts-developed project in less than 190 days.
The Edition, a 26-unit John Pawson-designed combination condo-hotel, is scheduled to open in 2014. The project highlights 26 condo units ranging from one-to-four bedrooms, on the top two floors of a 250-room hotel. $6 million was the prize of a 2,000-square-foot two-bedroom condominium in The Edition. The Edition launched sales in January. Last month, Coldwell […]
Fort Lauderdale-Hollywood International Airport will get a new look with $650 million in renovations. This will include higher ceilings in current terminals, entirely rebuild the international terminal and make a framework for the Florida East Coast Railway to access the airport in the future. They also hope to boost tourism due to this project for […]
Ivanka Trumpis maximizing her part at her father’s company, the Trump Organization, adding a more feminine taste to the company’s image. She has started working to convert the manly Trump brand, lending her own design aesthetic to the company’s growing collection of hotels and golf resorts after the $150 million bargain attainment of the Miami’s […]
Glenn Boyer plans to change the top deck of the Lincoln Garage into a miniature golf putting club. The Lincoln Road Putting Clubwill include a restaurant designed by Berenblum Busch Architecture, garden anda miniature golf course. Presently, the only family-friendly activities in the area are movies and bowling. This is projected to open in the […]
A magnificent seaside estate in Coral Gables has been sold for $11.5 million to KarimAlibhai of GencomGrou. This makes it the most expensive single-family home sale in the Miami-Dade Countyyear-to-date. Alibhai may have gotten quite a discount although the sale includes a big amount. The former owners spent around $17 million building the home. They […]
